int stud[5][2] = {{1,2},{3,4},{5,6},{7,8},{9,8}};
The above statement defined stud to be an array of 5 elements where each element is of type int[2], i.e., an array of 2 integers. It also initializes the array with an initializer list.
Now, in the expression stud + 1, the array stud decays into a pointer to its first element. Therefore, stud + 1 evaluates to &stud[1] and is of type int (*)[2], i.e., a pointer to an array of 2 integers . *(stud + 1) is then *(&stud[1]), i.e., stud[1]. stud[1] is again an array type, i.e., int[2], so it again decays to a pointer to its first element, i.e., &stud[1][0] (which is the base address of second element of the array stud[1]) in the printf call.
Please note that stud + 1 and *(stud + 1) evaluate to the same address but they are not the same type.
Similarly, &stud and stud decay to the same address but they are different types. stud is of type int[5][2] where as &stud is of type int (*)[5][2].
Why this statement prints similar values, stud[1] or *(stud+1) is actually an array hence must get the base address i.e &stud[0][0], but
stud itself is a pointer to an array of array.
You are wrong here. The base address of stud[1] or *(stud + 1) is &stud[1][0] and not &stud[0][0]. Also, stud is not a pointer but an array type. It decays to a pointer to its first element in some cases like here but it does mean it is a pointer.
Also, you should use %p conversion specifier for printing addresses.
%pfor your output.